Voluntary Announcement Relating to the Acquisition of Curo Health Pty Limited 4SIGHT HOLDINGS LIMITED (Incorporated in the Republic of Mauritius) (Registration number: C148335 C1/GBL) (“4Sight Holdings” or “the Company”) ISIN Code: MU0557S00001 JSE Code: 4SI VOLUNTARY ANNOUNCEMENT RELATING TO THE ACQUISITION OF CURO HEALTH PROPRIETARY LIMITED (“CURO HEALTH”) Introduction The board of directors of 4Sight Holdings is pleased to announce that the Company has entered into an agreement, through its wholly owned subsidiary, Foursight Holdings Proprietary Limited, with Tigrasmart Proprietary Limited (“the vendor”) for the acquisition of 100% of the shares in Curo Health with effect from 1 January 2018. Dr Richard Botha has a beneficial interest in the vendor and is not a related party to 4Sight Holdings. This company will become a subsidiary of 4Sight and will adhere to the provisions of paragraph 10.21 of Schedule 10 of the JSE Listing Requirements. Terms and conditions The purchase price is R21 840 000, payable as follows: Details Shares Consideration R On acquisition 5 460 000 10 920 000 Earn-out At 30-day VWAP 10 920 000 Total 21 840 000 The 5 460 000 shares will be issued at R2.00 per share. The earn-out will be payable against achievement of Net Profit After Tax (“NPAT”) determined in accordance with IFRS, as detailed below: Details NPAT Hurdle NPAT Target Period R R Warranty period 1 1 560 000 3 120 000 12 months ending 31 December 2018 Warranty Period 2 3 726 500 7 453 000 24 months ending 31 December 2019 In the event that the respective NPAT hurdle is not met, there will be no further payment in terms of the earn-out. In the event that the NPAT is between the NPAT hurdle and NPAT target, the purchase price for the earn-out will be paid on a pro rata basis. The earn-out ratio is split 50:50 between the two warranty periods. The issue price for the share portion of R10 920 000 or part thereof will be the 30-day VWAP of 4Sight Holdings at the respective dates of issue. Description of Curo Health Curo Health is a Health and Wellness management company based in Gauteng, South Africa with offices in the Western Cape, KwaZulu Natal, Eastern Cape, Limpopo and the Free State. The Curo Health Group of companies was created in 2012 by acquiring the following legal entities as fully owned subsidiaries of Curo Health: - Pathology Nursing (Pty) Ltd - Knowledge Prescription Pty(Ltd) - Curo Clinical Research Pty(Ltd) - Curo Laboratories Pty(Ltd) - activeXpress Wellness Pty(Ltd) Curo Health employs and contracts about 2500 healthcare professionals across South Africa and Namibia. The importance of these activities is the following: - Curo has a national footprint of professional nurses; - Due to the exposure to sensitive financial and health information, the ITC systems of Curo has been vetted by all the Life Insurers in South Africa as well as the IT Audit division of KPMG. A POPI compliance certificate is up to date. With business partners in the USA, our platforms have been HIPAA and Patient Health Information compliant certified; - Curo Health has a strong focus on developing market leading IT systems to improve service delivery to all healthcare sectors. - Linked network of medical professionals that serves as reference network. Please refer to www.curohealth.co.za for more details. Rationale for the acquisition of Curo Health Curo Health has an established track record and offers services throughout South Africa, Botswana, Swaziland and Namibia, with a National network of healthcare professionals. Visualitics has done a large amount of work relating to health and data analytics. The intention is to form a health vertical within the 4Sight Holdings group in order to provide comprehensive health analytics, decision support services and other related services. This health vertical will be headed up by Dr Richard Botha. Conditions precedent The main conditions precedent to the Acquisition are the following: - a due diligence to be completed by no later than 30 March 2018; - signing of the agreement by 4Sight Holdings in Mauritius in accordance with Mauritian law, by no later than 30 March 2018; and - Dr Richard Botha consenting to remain employed by Curo Health for a period of at least two years from 30 March 2018. Classification of the transaction The Acquisition is uncategorised and accordingly this announcement is made on a voluntary basis. Mauritius 14 March 2018 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 14/03/2018 04:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.